Introduction to management accounting in less developed countries

Abstract

PurposeThis paper seeks to introduce, summarise, and reflect on the key themes and findings raised by the seven papers selected for this special issue devoted to management accounting in less developed countries (LDCs).Design/methodology/approachThe conclusions are drawn from desk research generally and the articles contained in this collection.FindingsThis paper finds that accounting research in LDCs needs to address issues of poverty reduction, corruption, community involvement, history, culture, and politics, and examine a wider spectrum of organisations ranging from households to non‐governmental organisations.Practical implicationsEffective management accounting in LDCs may require broader, simpler, open and transparent, sometimes informal systems developed locally.Originality/valueThis paper presents a collection of mainly empirical papers on an important but neglected topic, namely how management accounting might aid economic development in poor countries.